OMUSDT has broken above a descending trendline on the 4H timeframe after multiple rejections in recent weeks. This breakout could signal a shift in momentum from bearish to bullish.
If price holds above the breakout level around 0.262, the next potential target lies near 0.31, representing an estimated 19% upside from current levels.
Key points:
Timeframe: 4H
Setup: Descending trendline breakout
Breakout level: ~0.262
Target: ~0.31 (+19%)
Stop loss: Below breakout level to manage risk
As always, wait for confirmation and manage risk appropriately before entering a trade.
If price holds above the breakout level around 0.262, the next potential target lies near 0.31, representing an estimated 19% upside from current levels.
Key points:
Timeframe: 4H
Setup: Descending trendline breakout
Breakout level: ~0.262
Target: ~0.31 (+19%)
Stop loss: Below breakout level to manage risk
As always, wait for confirmation and manage risk appropriately before entering a trade.
Trade active
OM / USDT +8% profit so far....Expecting more
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚀 Join my Telegram community for free crypto signals, entry/exit points, and real-time market updates!
👉t.me/CryptoPrime18
👉t.me/CryptoPrime18
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.